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Sterling continue to remain under pressure

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Sterling continue to remain under pressure US monetary policy boosted demand for AUD GBPEUR stuck around 1.25 Friday was an odd day; very little tier one data other than the US employment and wages reports. The data was to the positive side in general though. America created 215,000 jobs in March, which was better than expected and average earnings also beat the forecasts; a 2.3% year on year rise than the forecast 2.2%. To add to the party, the ISM Manufacturing Index was up to 51.8 from a

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